Tanzania Education Corporation
- Assets
- -$6.7k
- Revenue
- $584.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Chestnut Hill, MA
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 26-1245485
Organization Overview
Tanzania Education Corporation is located in Chestnut Hill, MA. The organization was established in 2007. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tanzania Education Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tanzania Education Corporation generated $584.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $598.7k during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS FOR ENGLISH-BASED NONPROFIT SCHOOLS IN TANZANIA. TO DATE, WE HAVE FUNDED THREE SCHOOLS: TUMAINI JUNIOR SCHOOL, KARATU, TANZANIA, TUMAINI SENIOR SECONDARY SCHOOL, MAKUYUNI, TANZANIA AND TUMAINI PRE-PRIMARY, KARATU, TANZANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TUITION GRANTS TO 200 STUDENTS TO ATTEND EITHER TUMAINI JUNIOR SCHOOL OR TUMAINI SENIOR SECONDARY SCHOOL.
CONSTRUCTION OF DORMS AND CLASSROOMS FOR FORM V AND FORM VI CLASSES AT TUMAINI SENIOR SECONDARY SCHOOL, MAKUYUNI, TANZANIA. CONSTRUCTION OF SCHOOL BEGAN IN 2015 AND SCHOOL OPENED IN JAN. 2018 WITH 45 FORM 1 BOARDING STUDENTS. EACH YEAR WE ADDED A CLASS, UNTIL IN 2019, THE SCHOOL OFFERED FORM 1-FORM IV AND SERVED APPROXIMATELY 300 STUDENTS. IN 2019, WE BEGAN CONSTRUCTION OF A NEW CLASSROOM BLOCK AND DORMS TO SUPPORT COLLEGE PREP, FORM V AND FORM VI. CONSTRUCTION IS EXPECTED TO BE COMPLETE IN 2023.
WE PAY FOR ENRICHMENT PROGRAMS AT ALL THREE TUMAINI SCHOOLS. THESE PROGRAMS INCLUDING PBL (PROJECT BASED LEARNING) CLASSES FOR TUMAINI SENIOR SECONDARY SCHOOL. EXAMPLES OF PBL COURSES INCLUDE COMPUTER CODING CLASSES, ENGLISH WRITING, CIVICS, THE GRAPHIC NOVEL, BIOLOGY CLASSES IN MAIZE AND MALERIA, AND DNA GENETICS. OTHER PROGRAMS INCLUDE CLUBS, SPORTS ACTIVITIES AND NUTRITIOUS FOOD FOR THE STUDENTS. FINALLY, WE HAVE BUILT AND MAINTAIN LIBRARIES AT BOTH TUMAINI JUNIOR SCHOOL AND TUMAINI SENIOR SECONDARY SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Lee Vice President | OfficerTrustee | 10 | $0 |
Carol Hall President | OfficerTrustee | 15 | $0 |
Hope Schroy Director | Trustee | 1 | $0 |
Maura Horodyski Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $584,300 |
| Noncash contributions included in lines 1a–1f | $20,688 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $584,300 |
| Total Program Service Revenue | $0 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $584,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $594,463 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $285 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,600 |
| Office expenses | $1,400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $598,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$6,749 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | -$6,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$6,749 |
| Total liabilities and net assets/fund balances | -$6,749 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Tanzania Education Corporation has recieved totaling $77,035.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $54,195 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,050 |
New Hampshire Charitable Foundation Concord, NH PURPOSE: For a designated distribution | $6,866 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $5,400 |
Anne Lamkin Kinder Foundation Inc Houston, TX PURPOSE: ANNUAL FUND | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central European University New York, NY | $577,160,061 | $72,058,098 |
Oxfam-America Inc Boston, MA | $98,567,095 | $108,365,278 |
Helen Keller International New York, NY | $112,029,852 | $121,068,878 |
Action Against Hunger Usa New York, NY | $114,998,583 | $117,737,270 |
Jewish National Fund -Keren Kayemeth Leisrael- Inc New York, NY | $532,275,365 | $140,855,420 |
Concern Worldwide U S Inc New York, NY | $28,102,900 | $75,183,447 |
Brac Usa Inc New York, NY | $39,074,186 | $26,089,482 |
American Society For Technion- Israel Institute Of Technology Inc New York, NY | $552,165,498 | $74,453,195 |
The American College Of Greece Boston, MA | $67,377,188 | $58,892,639 |
King Baudouin Foundation United States Inc New York, NY | $71,313,887 | $81,640,878 |
World Education Inc Boston, MA | $10,873,421 | $51,800,410 |
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |